ONLINE BENEFIT AUCTION TERMS AND CONDITIONS
IMPORTANT POINTS FOR THIS AUCTION
AUCTION END: Tuesday, September 8th starting at 5:00 pm
SHIPPING/DELIVERY: Items will be shipped at buyer’s expense after funds have been collected.
FEES: Buyer’s Premium – 15%, Credit Card Fee – 3%
Please read the terms carefully as they are a legal binding contract between you and Pickens Auctions. To register and bid in this auction you must agree to these terms and are bound by them as a bidder. All disputes will be settled by arbitration in Payne County, Oklahoma.
All items are sold AS IS, WHERE IS, with NO WARRANTY expressed or implied. It is the responsibility of the buyer to determine the condition of the items and bid accordingly. Place your bids accordingly and read all descriptions and Terms prior to placing your bids. No refunds will be issued for any reason.
Due diligence is the responsibility of the Bidder/Buyer. All sales are final – no credit card chargebacks will be allowed. Buyers assume complete responsibility for care of each purchase at time of sale – that is when the bidding ends on our website and you are the high bidder.
We reserve the right to refuse service to anyone.
The most recent correspondence with buyers via email or our website take precedence over written material and any prior verbal statements.
The auction company is not responsible for accidents, thefts, errors or omissions.
The auctioneer reserves the right to add or remove items from the auction, to split or combine lots, to add minimum bids or reserve prices, to cancel, suspend, extend or reschedule an individual item and/or auction event, or to make changes to the auction closing, inspection, or removal times.
BUYERS PREMIUM: A buyer’s premium will be added to each purchase. Buyer’s premium is 15% unless stated otherwise. If you bid $100.00, at checkout you will be charged $115.00. Each and every time you place a bid, you are required to confirm and agree to the bid.
AUCTION CLOSING: The closing time of this auction will be listed within the auction information page of our website. Once bidding closes, items you have won become your responsibility – make note of closing times!
Our auctions feature EXTENDED BIDDING. Bidding will extend on ALL lots, 5 minutes past the closing time if a bid has been placed on ANY lot within the last 5 minutes of the auction. All lots will close for bidding when no bids are received during a 5-minute time period after the auction closing time. If you are unsure how much time is left to bid on an item, you can check the countdown timer for the lot you are interested in.
This auction also features MAXIMUM BIDDING. When you place your MAX BID, the current bid price does not automatically go to your max bid. Someone else has to bid to increase the current price and the computer will automatically bid up to your max in the increments specified. If someone has already entered a MAX BID on an item you are bidding on, the system will automatically bid for you until you are the current high Bidder or you reach your MAX BID. If you have reached your MAX BID and are still not the current high Bidder, the system will give you the opportunity to enter another MAX BID. You will receive outbid notices via email, but you can also choose to have them sent to your cell phone via text message. If you are not able to be around a computer/mobile device during the closing of the auction or receive and/or read your outbid notices, we HIGHLY RECOMMEND you enter your MAX BID when bidding. Please remember, you can always raise your max bid, but you CANNOT lower it. Be aware of this while bidding. If you have any questions please call Brenda at Pickens Auctions at 405-880-5887.
Bids will be placed in the order that they are received. If 2 buyers enter a max bid of the same dollar amount, the buyer who entered his/her max FIRST will be the bidder that is in at that price. If you bid a certain amount and see that the bid is indeed that amount, but you are not the 'Winning Bidder', that means that someone else had a max bid of that same amount and so their bid was placed into the system ahead of yours. The best way to know if you are outbid is to check your email as you should get an email every time you are outbid.
You will receive outbid notices via email. When registering for your online bidding account, you can choose to have them sent to your cell phone via text message as well. If you are not able to be around a computer/ mobile device during the closing of the auction or receive and/or read your outbid notices, we HIGHLY RECOMMEND you utilize the max bidding feature. Please remember, you can always raise your max bid, but you CANNOT lower it.
Pickens Auction is not responsible for internet malfunctions, loss of connection or system glitches that may prevent you from placing last minute bids, or receiving notices from our company. Don’t wait until the last minute to bid; if the system is busy, your bids may not process within the last seconds of an auction closing.
Email Responsibility: In order to register to bid in any online auction, you must have a valid email address. It is YOUR responsibility to ensure that your particular server accepts emails from our server. We use email as our primary method of communication and you will not receive any other method of bidding, registering, or invoice confirmation from our office, so make sure your emails are working. ALWAYS contact our office if you are not receiving proper emails from our company – we can help troubleshoot, but your server may not receive emails as consistently as others.
Your Bidding Profile – When you register to bid with Pickens Auctions and MarkNet, you must create a bidding profile. This profile contains your personal information – you can always view and edit your profile by logging into our website. It is your responsibility to ensure that all the information on that profile is VALID and CURRENT. We rely on that information to contact you and process payment. Address, Phone, Billing and Email information are particularly important! We are not responsible for emails being delivered to your Junk/Spam folder, or for your email address being wrong in our system. If you need help logging in or resetting information in your profile, contact our office.
All accounts must be settled by the conclusion of the auction unless specifically outlined otherwise. We accept Visa, MasterCard, American Express and Discover cards, cash, cashier’s check, wired money or in-state personal check (PHOTO ID REQUIRED). Cash and/or check will only be accepted in person at our office. No out of state checks will be accepted. There is a 3.5% convenience fee if paying with credit or debit card. Payment must be made prior to shipping of items. Each transaction necessary to collect insufficient funds will have a $30 fee imposed.
Valid credit card required for bidding approval. We will accept Visa, MasterCard, American Express and Discover. A pre-auction authorization will be performed to establish available credit. Credit cards may show a hold on funds for a short period of time. NOTHING will be charged to your card until a purchase is made. Currency: USD only.
No credit card charge backs will be allowed. NO refunds will be given.
Pickens Auctions will charge Purchase Price, Buyer’s Premium, any shipping/handling charges, applicable taxes, and a 3% convenience fee to the credit card that you submit at time of registration up to $1500, if payment has not been received within one-week of the auction end.
If charges are declined by the credit card processor a non-sufficient funds charge of $30.00 will be charged each time processing is denied. The buyer will be notified of NSF transactions through e-mail and be given 24 hours to contact Pickens Auctions with an alternative payment method.
If purchases are not settled within 7 business days of the close of the auction, they are considered in default. Upon default, the Bidder will be black listed on Pickens Auctions as well as MarkNet auctions until purchases are settled. The Bidder will be charged 25% of bid price or $500, whichever is greater, and the merchandise will be forfeited back to Pickens Auctions.
Payment must be made prior to release of items won.
There will be no international bidding/shipping available.
Pickens Auctions is providing Internet bidding as a service to Bidders. Bidders acknowledge and understand that this service may or may not function correctly the day of the auction close. Under no circumstances shall Bidders have any kind of claim against Pickens Auctions or anyone else if the Internet service fails to work correctly before or during the Online Auction. Pickens Auctions will not be responsible for any missed bids from any source. Internet Bidders who desire to make certain their bid is acknowledged, should use the max bid feature and leave their maximum bid 24 hours before the auction ends. Pickens Auctions reserves the right to withdraw or re-catalog items in this auction.
The Bidder is responsible for knowing which item is being bid on. If the Bidder is unsure, they should inquire or not bid. When becoming the winning Bidder at auction, you have affected a contract and will be expected to pay for items in which you were evidenced to be the successful Bidder. Auctioneer will not honor a mistake.
The Auctioneer reserves the right to accept bids in any increment he feels is in the best interest of his client, the Seller. The Auctioneer reserves the right to reject the bidding of any person whose conduct, actions, or adverse comments he feels is not in the best interest of the Seller.
Purchaser does hereby indemnify and hold harmless Auctioneer and Seller from any and all damages, claims or liabilities from injuries to persons or property of any type whatsoever caused during the sale or by the removal of items purchased. Purchaser assumes all risk and liability whatsoever resulting from the use of the item(s) sold hereunder; and shall defend, indemnify, and hold harmless Auctioneer and Seller from any liability.
If the foregoing conditions or any other applicable conditions are not complied with, in addition to other remedies available to Auctioneer and Seller by law, including without limitation the right to hold the purchaser liable for the bid price, the Auctioneer, at their option may (1) resell the property publicly or privately, with purchaser being liable for the payment of any deficiency plus all costs incurred, or (2) cancel the sale, retaining liquidated damages on all payments made by purchaser, Auctioneer commission and all other incidental damages will be charged.
Information in brochures, catalogs and other advertisements are from sources believed to be reliable; however prospective purchasers are urged to inspect the inventory or property to satisfy themselves as to condition, model, manufacturer, year, features, mileage, survey, acres, etc. Neither the Auctioneer nor our client make any guarantees and are not responsible for listing or advertising inaccuracies or discrepancies.